Waiting Game ETCUSD: Bullish long term scenario
Hello traders and investors!
Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH).
if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be bullish and consider the current correction a deep Primary Wave 2.
Using the Pitchfork from the origin, Primary 1 ended at the Pitchfork Middle Line. A deep Primary 2, completion of Minor wave Y, would correspond a Fibonacci Cluster next to the Pitchfork bottom line.
By using the traditional 1.618 Fibonacci extensions to target Primary Wave 3, I bearly believe my eyes... will ETC reach $2591?
Let's see what will happen.... No rush to buy the dip
Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH).
if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be bullish and consider the current correction a deep Primary Wave 2.
Using the Pitchfork from the origin, Primary 1 ended at the Pitchfork Middle Line. A deep Primary 2, completion of Minor wave Y, would correspond a Fibonacci Cluster next to the Pitchfork bottom line.
By using the traditional 1.618 Fibonacci extensions to target Primary Wave 3, I bearly believe my eyes... will ETC reach $2591?
Let's see what will happen.... No rush to buy the dip
Trade active:
Looking at the lower timeframe
